A Guide To
Solar Water Heating Programs
Caribbean Electric Utilities
William T. Guiney
President and CEO
Caribbean Solar Technologies Limited
Florida Solar Energy Center
Steven Kaufman & Samuel Milton
Green Markets International, Inc.
This document was prepared as part of the Innovative Financing to Accelerate Solar
Water Heating initiative, funded by the Renewable Energy and Energy Efficiency
Partnership (REEEP) with co-funding from the Blue Moon Fund and Oak Foundation.
The initiative is intended to increase knowledge about, and advance the use of, financial
and commercial innovations to expand solar water heating. The initiative is implemented
by Green Markets International, Inc. of Massachusetts, USA in partnership with William
Guiney of Caribbean Solar Technologies Limited of Anguilla and the Vitae Civilis
Institute of São Paulo, Brazil.
William Guiney is this documents lead author. William wrote the material on the fee-
for-service business opportunity and program options and coordinated input from the
others authors. John Harrison of the Florida Solar Energy Center prepared much of the
content on the technical issues of solar water heating program implementation. Steven
Kaufman and Samuel Milton of Green Markets prepared the material on carbon
abatement and the role for carbon finance.
Special thanks go to the Caribbean Electric Utility Services Corporation (CARILEC) and
several of its member companies, including Neil McConnie of Anguilla Electricity
Company, Victor Emmanuel of St. Lucia Electricity Services, Clive Hosten of Grenada
Electricity Services Ltd., and Nubian Greaux of St. Kitts Electricity Department for their
input, which helped to develop the conceptual program options.
The opinions expressed in this document are those of the authors and do not necessarily
represent the views of the sponsors. While Caribbean Solar Technologies Ltd. and Green
Markets International, Inc. have made ev